Research
Originally published by the Federal Reserve Board (FEDS Notes) on December 17, 2025, by Chuan Du, Ria Sonawane, and Cy Watsky. This Federal Reserve analysis uses granular blockchain data to trace how Silicon Valley Bank's March 2023 failure triggered a run on USDC and spread contagion through DeFi.
Research
Originally published by OCBC Global Markets Research (FX Thoughts) on July 24, 2025. This OCBC research report surveys the stablecoin landscape as the market approaches ~US$268 billion in capitalization, with 2024 transaction volumes estimated between US$5.5 trillion (Visa, Allium) and US$26.1 trillion (BCG) depending on
Research
Crosschain analysis shows Lazarus leveraged DeFi protocols to launder funds Bybit, the world’s second-largest exchange by trading volume, recently suffered the largest crypto hack in history. On February 21, 2025, North Korea’s Lazarus Group stole $1.46 billion in Ethereum tokens from Bybit and immediately began laundering
Research
Our analysis reveals that over 90% of the largest liquidity providers don't maintain their dominant positions for more than a month. We suspect that this is due to the reallocation of liquidity among different positions and swaps. This rapid turnover shows a dynamic market in which liquidity providers
Research
This blog post was originally written by Daniel Ramirez-Escudero from Cointelegraph. You can find the original post on their blogspot at the following link: https://cointelegraph.com/news/usdc-usdt-stablecoin-dominance Tether has long dominated the stablecoin sector thanks in large part to USDT’s status as the
Research
This blog post was originally written by Meow from Jupiter Research. You can find the original post on their blogspot at the following link: https://www.jupresear.ch/t/initial-report-for-the-10-6k-botnet/4822 In conjunction with Allium labs, we have done a preliminary analysis on the